US banks bailout is robbery in progress – Naomi Klein
Published: 20 May, 2009, 09:20
TAGS: Interview, Politics, USA, Economy, Finance
Obama’s Wall Street bailout the greatest heist in monetary history, believes Naomi Klein – an award-winning journalist, syndicated columnist, and international bestselling author.
The bestselling book “No Logo” which looked at the effects of branding, put the Canadian author on the map.
Her third and latest – “The Shock Doctrine” – turns its attention on how world leaders cashed in on disasters.
Klein says it is the bosses, not the workers, who should be losing jobs amid the contracting economy.
20.05.2009, 05:33
Clinton hurls back foreign mediaThe foreign media has been waiting patiently to finally get the chance to grill US Secretary of State Hillary Clinton, who answered questions from reporters at Washington's Foreign Press Center on May 19. |
20.05.2009, 14:35
1 comment
US National Archives lose sensitive dataThe US National Archives have reported that a hard drive containing Social Security numbers, addresses, as well as Secret Service and White House operating procedures has come up missing, reports the AP. |
It has been rightly said that Obama is not really out for 'change' as he was going about speaking during the campaign. There may have been change from one party to another but the core business remains to serve those that put him there and those are the big business owners who determine what happens to the rest of us. Those banks must be bailed out just like GM, Chrysler and Ford are now being negotiated for bailout all from the public purse. Workers are being laid off in thousands while the top management staff who bilked the companies to bankruptcy are secure in their jobs. That is the life we live here and one day, all these robberies will be dealt with in such ways that those doing all these evils never thought about. They destroy nations and economies just to enrich themselves. The world is waking up to the realities of the moment. Keep it up Naomi and may your pen never run dry.